Press ReleaseOctober 27, 2020
Charter Hits Goal to Improve the Health and Safety of 50,000 Homes Nationwide Through Spectrum Housing Assist
Charter Reached 50K Milestone Oct. 24 by Improving Two Homes in Stamford, Conn.; In All, More Than 8,600 Employees and Community Members in 33 States Participated in SHA
STAMFORD, Conn. – Charter Communications, Inc. today announced the company has met its commitment to make 50,000 homes safer and healthier by the end of 2020 through its first signature philanthropic initiative, Spectrum Housing Assist (SHA). Charter employee volunteers working with nonprofit partner Homefront reached the 50,000 goal on Saturday, Oct. 24 by repairing two homes in Stamford, where Charter’s corporate headquarters is located, as well as completing exterior improvements at the local Boys & Girls Club.
“Charter is committed to making a difference in the towns and cities where our customers and employees live and work, and from day one our employees have embraced the spirit of Spectrum Housing Assist,” said Tom Rutledge, Chairman and CEO of Charter. “Since we launched SHA six years ago, thousands of Charter employees have donated their time and skills, and by achieving this major milestone of improving 50,000 homes, they have made a tangible and meaningful impact in the communities we serve.”
Charter launched Spectrum Housing Assist in 2014 with a goal to improve 25,000 homes and in 2018 doubled its commitment to 50,000 homes by 2020. Along the way, Charter has partnered with a number of nonprofit organizations, including American Red Cross, Homefront and Rebuilding Together, to help improve the homes and lives of thousands of people living in the company’s 41-state service footprint. Led by Charter’s employee volunteers, Spectrum Housing Assist home rebuilding projects have been held in 33 states; in large cities, suburban neighborhoods and in rural areas; and involved 8,661 Charter employees and community members who worked a total of 53,138 donated hours.
At the Oct. 24 Stamford event, nearly 50 volunteers from Charter, the Stamford Police Department and Homefront, a nonprofit that provides free repairs to low-income homeowners, painted, installed a door and landscaped the exterior of two homes on the city’s west side. In accordance with the necessary COVID-19 precautions, participants maintained social distance, wore personal protective equipment including masks, and worked out of doors. They also painted the exterior and planted flowers at the Boys & Girls Club Yerwood Center. Finally, Charter employees gave away 330 Safe & Healthy Home Kits to Stamford residents who stopped by the Yerwood Center. Each kit contains a first-aid kit, night light, smoke alarm, carbon monoxide detector, cleaning solution, caulk, weather stripping, DampRid®, a weather radio, lead information, and a maintenance checklist.
Spectrum Housing Assist is one of several philanthropic programs developed by Charter. Other programs include Spectrum Scholars, a two-year scholarship for underrepresented college juniors; Spectrum Digital Education, through which Charter has awarded $6 million in cash grants and in-kind commitments to support broadband education, training and technology; and Spectrum Employee Community Grants, which supports Charter employees’ volunteer activities and so far has impacted more than 160 social and human services organizations in 25 states. This year Charter launched the Spectrum Community Investment Loan Fund as part of a $20 million commitment to support small businesses and economic growth in underserved communities – including $10 million targeted specifically for minority owned businesses through direct investments in community development financial institutions (CDFIs), grants, and in-kind support.
More information on Charter’s Community Impact initiatives is available here.
Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator serving more than 30 million customers in 41 states through its Spectrum brand. Over an advanced communications network, the company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.
For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The company also distributes award-winning news coverage, sports and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. More information about Charter can be found at corporate.charter.com.